What does IL — payments to acquire businesses gross mean?

The total cash spent to buy businesses or properties in this region.

How do you interpret IL — payments to acquire businesses gross?

An increase reflects active capital deployment for growth, whereas a decrease indicates reduced acquisition spending.

How does IL — payments to acquire businesses gross compare across companies?

Standard cash flow statement line item for acquisition-heavy industries.

CubeSmart CUBE IL — Payments To Acquire Businesses Gross

Discontinued — last reported Q2 '17

Similar metrics at other companies

BROVarious — Payments To Acquire Businesses Gross

$12.6M+53.7%

IRIndustrial Technologies and Services — Cash consideration, net of cash acquired

$15M—

OHIFL — Payments To Acquire Businesses Gross

$83.1M—

OHIPA — Payments To Acquire Businesses Gross

$35.1M—

WTRGGlenview Illinois — Payments To Acquire Businesses Gross

$67K—

OHIGB — Payments To Acquire Businesses Gross

$9.6M—

Other financials

Income statement

See full

Revenue$281.9M+3.3%

Gross profit$191.9M+0.9%

Net income$82.8M-6.8%

EPS (diluted)$0.36-7.7%

Balance sheet

See full

Cash & equivalents$7.3M-32.5%

Total debt$65.5M-0.2%

Total equity$2.6B-6.9%

Total assets$6.6B-2.1%

Cash flow

See full

Operating cash flow$148.8M+1.7%

Valuation

See full

Market cap$9.2B-14.5%

Enterprise value$9.26B-14.4%

P/E28.3×+0.4×

P/S8.1×-1.9×

Profitability

See full

Gross margin68.3%-1.6pp

Operating margin37.8%—

Net margin28.7%-7.1pp

Returns & leverage

See full

Return on equity11.8%-1.9pp

Debt / equity0×0.0×

Where this comes from

Reported directly by CubeSmart in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireBusinessesGross.

The official record: CubeSmart’s 10-K, filed February 26, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does IL — payments to acquire businesses gross mean?: The total cash spent to buy businesses or properties in this region.
How do you interpret IL — payments to acquire businesses gross?: An increase reflects active capital deployment for growth, whereas a decrease indicates reduced acquisition spending.
How does IL — payments to acquire businesses gross compare across companies?: Standard cash flow statement line item for acquisition-heavy industries.